New Case Filing by BNSK Featured on CBS News This Morning

A new case filing by Brown Neri Smith & Khan was featured on CBS News This Morning:

Twenty-year-old Alex Kearns took his own life last June mistakenly believing he’d lost nearly $750,000 in a risky bet on Robinhood, the stock-trading app where he started trading as a teenager.

His parents filed a lawsuit, first obtained by CBS News, on Monday accusing Robinhood of wrongful death, negligent infliction of emotional distress and unfair business practices.

While the company’s stated mission is to stand up for the little guy and “democratize finance,” Alex’s mother and father say in the lawsuit that Robinhood targeted young and inexperienced customers, then pushed them to engage in risky trading practices. And when those investors needed help — as Alex did the day he died — Robinhood provided no “meaningful customer support,” the suit says.”

CBS News This Morning

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Brown Neri Smith & Khan

Brown Neri Smith Khan, LLP are business litigation attorneys in Los Angeles, CA. Serving a wide range of practice areas and industries around the world, we offer the experience of big firm litigators with boutique service and attention.

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